Business
‘Supply is restricted’: NAB chief calls for faster housing approvals – Sydney Morning Herald
The boss of one of Australia’s biggest banks is urging state and territory governments to revamp planning rules to encourage more housing development amid forecasts…
The boss of one of Australias biggest banks is urging state and territory governments to revamp planning rules to encourage more housing development amid forecasts of double-digit price growth for 2021.
NAB chief executive Ross McEwan told MPs at the House of Representatives Standing Committee public hearing into the banks on Friday that while he strongly supported first-home buyer incentives, the lack of new homes was an unsolved problem for housing affordability.
Property prices have surged nationally…
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